Money, Trading & tax News in 2015

STAMP DUTY LAND TAX BUDGET

A distorted panorama
The excessive taxes — stamp accountability, registration rate, capital positive aspects and conversion costs — motivate transactions to be registered at the decrease steering worth. the difference will get transacted as “black cash”, which most steadily flows again into actual property …
read extra on The Indian express

FM to imagine BJP demand for heavy tax on liquor, cigarettes

A 12-member state BJP group held a gathering to supply the suggestions, which ranged from lowering stamp duty on registration of homes to mountaineering prepared reckoner rates. every other advice to raise income was once selling large tracts of presidency land …
read extra on The Indian categorical

Britain experiences £8.8bn surplus for January
In January's figures, earnings tax and capital features tax noticed a document month, up 6.1% to £26.7bn. in the meantime stamp accountability on land and property fell 12 months-on-yr for the first time on account that April 2015. Receipts from this tax have been 15% decrease than in the same month …
read more on RTE.ie